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Key Points

  • Toast has been upgraded from a "hold" to a "buy" rating by Wall Street Zen, reflecting confidence in the company's growth prospects.
  • Several analysts, including Canaccord Genuity and Jefferies Financial Group, have raised their price targets for Toast's shares, with an average target now around $54.00.
  • In its latest earnings report, Toast posted a quarterly revenue of $1.55 billion, marking a 24.8% year-over-year growth, despite missing EPS estimates.
  • Five stocks to consider instead of Toast.
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